Is Mobeus Income & Growth 4 VCT PLC halal to invest in?

According to Musaffa's Shariah screening methodology, Mobeus Income & Growth 4 VCT PLC (MIG4.L) is currently classified as NOT HALAL as of July 2024. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Mobeus Income & Growth 4 VCT PLC a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mobeus Income & Growth 4 VCT PLC using these criteria to determine its compliance status.

Can Muslims buy shares of Mobeus Income & Growth 4 VCT PLC?

Muslim investors may consider investing in Mobeus Income & Growth 4 VCT PLC if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Mobeus Income & Growth 4 VCT PLC classified as NOT HALAL?

Musaffa determines the Shariah status of Mobeus Income & Growth 4 VCT PLC by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Mobeus Income & Growth 4 VCT PLC updated?

The Shariah compliance status of Mobeus Income & Growth 4 VCT PLC may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Mobeus Income & Growth 4 VCT PLC become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Mobeus Income & Growth 4 VCT PLC?

You can check the latest Shariah compliance status of Mobeus Income & Growth 4 VCT PLC on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Mobeus Income & Growth 4 VCT PLC MIG4.L

£70.00

Last Updated: Jul 26, 12:00 AM·LSE

MIG4.L Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: July 22, 2024

Report Source: 2023 Annual Report

Mobeus Income & Growth 4 VCT PLC. Stock Analysis MIG4.L

United Kingdom N/A Micro Cap Report: 2023 Annual

Mobeus Income & Growth 4 VCT PLC is a GB-based company operating in industry. Mobeus Income & Growth 4 VCT plc is a United Kingdom-based venture capital trust (VCT). The investment objective of the Company is to provide investors with a regular income stream by way of tax-free dividends and to generate capital growth through portfolio realizations which can be distributed by way of additional tax-free dividends, while continuing at all times to qualify as a VCT. The firm invests primarily in a diverse portfolio of the United Kingdom unquoted companies. The firm invests in various sectors, including software and computer services, retailers, industrial support services, technology, hardware and equipment, healthcare services, consumer services, travel and leisure, general industrials, food producers, media and construction and materials. Gresham House Asset Management Limited is the investment adviser of the Company.

Key Statistics of Mobeus Income & Growth 4 VCT PLC (MIG4.L)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

£70.00£70.00

Today's Open

£70.00

Volume

P/E Ratio (TTM)

17.36

52 Week Range

£65.50£78.00

Market Cap

77.17M

Avg. Volume

17.38K

Dividend Yield

Financial Metrics & Statements of Mobeus Income & Growth 4 VCT PLC (MIG4.L)

FAQ's for Mobeus Income & Growth 4 VCT PLC (MIG4.L)

According to Musaffa’s Shariah screening methodology, Mobeus Income & Growth 4 VCT PLC (MIG4.L) is currently classified as NOT HALAL as of July 2024. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.